# Your AI agent for

## Automated Merchant Category Code Classification

Automated Merchant Category Code assignment with intelligent business analysis and payment network compliance

[Merchant Categorization Code](https://www.parcha.ai/checks/merchant-categorization-code)

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[Business Profile](https://www.parcha.ai/checks/business-profile)

[MCC Classification](https://www.parcha.ai/checks/merchant-category-code)

## Resolve cases 10X faster with AI

Parcha AI agents complete deep research and analysis on hundreds of entities across thousands of datapoints to assess compliance risk in minutes.

[Learn more](https://www.parcha.ai/agents/mcc-classification#)

### Business Authenticity Verification

Verify basic business information by comparing self-attested data against web research findings. Automatically validates business name, registration, industry classification, and operating status to ensure authenticity.

- Instant verification of business authenticity using comprehensive web research
- Automated comparison of self-reported data against publicly available information
- Real-time detection of discrepancies in business registration and operational details

[Learn more](https://www.parcha.ai/checks/business-profile)

### AI-Powered MCC Classification

Instantly classify merchants with AI-powered MCC assignment from 500+ category options. Automatically analyzes business operations and revenue streams to provide accurate merchant categorization for payment processing compliance.

- Instant MCC classification from 500+ category options with AI-powered business analysis
- Intelligent analysis of multi-revenue stream businesses and complex business models
- Automated compliance verification against payment network requirements with detailed justification

[Learn more](https://www.parcha.ai/checks/merchant-category-code)

## 20+ compliance checks available

### Browse our library of identity & business verifications

-   **[Address Verification](https://www.parcha.ai/checks/address-verification)**
-   **[PEP Exposure](https://www.parcha.ai/checks/politically-exposed-person)**
-   **[Sanctions & Watchlists](https://www.parcha.ai/checks/sanctions)**
-   **[Source of Funds](https://www.parcha.ai/checks/source-of-funds)**
-   **[Merchant Categorization Code](https://www.parcha.ai/checks/merchant-categorization-code)**
-   **[High Risk Industries](https://www.parcha.ai/checks/high-risk-industries)**
-   **[Customer Reviews](https://www.parcha.ai/checks/customer-reviews)**
-   **[High Risk Countries](https://www.parcha.ai/checks/high-risk-countries)**
-   **[Business Ownership](https://www.parcha.ai/checks/business-ownership)**
-   **[Business Deep Research](https://www.parcha.ai/checks/business-deep-research)**
-   **[State Owned Entity](https://www.parcha.ai/checks/state-owned-entity)**
-   **[Legal Entity Status](https://www.parcha.ai/checks/legal-entity-status)**
-   **[Incorporation Documents](https://www.parcha.ai/checks/incorporation)**
-   **[Proof of Residence](https://www.parcha.ai/checks/proof-of-residence)**
-   **[Source of Income](https://www.parcha.ai/checks/source-of-income)**
-   **[EIN Verification](https://www.parcha.ai/checks/employer-identification-number)**
-   **[MCC Classification](https://www.parcha.ai/checks/merchant-category-code)**
-   **[TIN Validation](https://www.parcha.ai/checks/tax-identification-verification)**
-   **[Adverse Media](https://www.parcha.ai/checks/adverse-media)**
-   **[Person Deep Research](https://www.parcha.ai/checks/person-deep-research)**

## GLOBAL REACH

### Built for global financial institutions

Our AI Agents are integrated with multiple global data providers, operate in any language and are customizable to meet the requirements of any jurisdictions where you operate.

### 90+ global watchlists
### 140+ business jurisdictions
### 200+ language translations

## Frequently Asked Questions

### How does Parcha classify MCC codes?

Parcha analyzes business websites, operations, and revenue streams to automatically assign accurate MCC codes from 500+ options. Our AI understands complex business models and provides detailed justification for code selection.

### How accurate are Parcha AI agents?

Parcha AI agents consistently achieve 95-99.7% accuracy across all verification types, significantly outperforming manual processes. Our accuracy rates are validated by real customer deployments like Flutterwave, which achieved 99.7% accuracy in production.

### How long does it take to get results?

Most verification processes complete in 2-5 minutes, compared to 20-120 minutes for manual processes. Simple checks like business profiles complete in under 30 seconds, while comprehensive due diligence takes 2-3 hours instead of 24+ hours manually.

### Can I customize Parcha verification criteria?

Yes, Parcha agents can be customized with your specific risk thresholds, data sources, and verification requirements. We work with you to configure agents that match your compliance policies and risk appetite.

### How does Parcha integrate with existing systems?

Parcha integrates via REST API, webhooks, or file uploads. We have native integrations with major compliance platforms and can adapt to most existing workflows without requiring system changes.